2017 Q1 Form 10-Q Financial Statement

#000159767217000029 Filed on May 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $201.4M $217.7M
YoY Change -7.49% -1.63%
Cost Of Revenue $164.0M $177.5M
YoY Change -7.58% -3.79%
Gross Profit $37.37M $40.24M
YoY Change -7.13% 9.13%
Gross Profit Margin 18.55% 18.48%
Selling, General & Admin $9.363M $7.378M
YoY Change 26.9% -40.0%
% of Gross Profit 25.06% 18.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.53M $22.08M
YoY Change -2.46% 1.49%
% of Gross Profit 57.62% 54.87%
Operating Expenses $9.363M $7.378M
YoY Change 26.9% -40.0%
Operating Profit $27.08M $31.92M
YoY Change -15.16% 33.3%
Interest Expense $8.828M $8.671M
YoY Change 1.81% -7.0%
% of Operating Profit 32.6% 27.16%
Other Income/Expense, Net $481.0K $1.000K
YoY Change 48000.0% -96.55%
Pretax Income $17.62M $32.09M
YoY Change -45.11% 119.06%
Income Tax $7.976M $11.20M
% Of Pretax Income 45.27% 34.9%
Net Earnings $9.642M $20.89M
YoY Change -53.85% 98.58%
Net Earnings / Revenue 4.79% 9.6%
Basic Earnings Per Share $0.15 $0.50
Diluted Earnings Per Share $0.15 $0.49
COMMON SHARES
Basic Shares Outstanding 42.35M shares 42.21M shares
Diluted Shares Outstanding 43.10M shares 42.27M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $345.1M $110.1M
YoY Change 213.44% 41.88%
Cash & Equivalents $345.1M $110.1M
Short-Term Investments
Other Short-Term Assets $29.80M $23.50M
YoY Change 26.81% -41.83%
Inventory $121.6M $113.3M
Prepaid Expenses
Receivables $50.58M $58.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $547.1M $304.9M
YoY Change 79.42% 1.06%
LONG-TERM ASSETS
Property, Plant & Equipment $787.4M $794.7M
YoY Change -0.93% -5.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $49.45M $48.13M
YoY Change 2.74% -20.98%
Total Long-Term Assets $881.8M $928.9M
YoY Change -5.07% -5.22%
TOTAL ASSETS
Total Short-Term Assets $547.1M $304.9M
Total Long-Term Assets $881.8M $928.9M
Total Assets $1.429B $1.234B
YoY Change 15.81% -3.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $43.74M $40.09M
YoY Change 9.1% -27.43%
Accrued Expenses $51.60M $47.50M
YoY Change 8.63% 34.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $10.30M $7.943M
YoY Change 29.62% -3.22%
Total Short-Term Liabilities $134.7M $122.5M
YoY Change 9.97% -0.06%
LONG-TERM LIABILITIES
Long-Term Debt $771.2M $796.9M
YoY Change -3.23% -13.07%
Other Long-Term Liabilities $9.410M $6.743M
YoY Change 39.55% -8.78%
Total Long-Term Liabilities $9.410M $803.6M
YoY Change -98.83% -13.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $134.7M $122.5M
Total Long-Term Liabilities $9.410M $803.6M
Total Liabilities $144.1M $926.1M
YoY Change -84.44% -11.51%
SHAREHOLDERS EQUITY
Retained Earnings $78.57M $39.55M
YoY Change 98.68% -383.76%
Common Stock $432.0K $433.0K
YoY Change -0.23% 1.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $215.5M $2.901M
YoY Change
Total Liabilities & Shareholders Equity $1.429B $1.234B
YoY Change 15.81% -3.75%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $9.642M $20.89M
YoY Change -53.85% 98.58%
Depreciation, Depletion And Amortization $21.53M $22.08M
YoY Change -2.46% 1.49%
Cash From Operating Activities $37.75M $73.97M
YoY Change -48.97% 31.68%
INVESTING ACTIVITIES
Capital Expenditures $13.54M $20.39M
YoY Change -33.61% -16.91%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$13.54M -$20.39M
YoY Change -33.61% -16.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $141.0K $81.00K
YoY Change 74.07% -1112.5%
Debt Paid & Issued, Net $2.165M $44.73M
YoY Change -95.16% 123.66%
Cash From Financing Activities -$5.756M -$44.81M
YoY Change -87.16% 124.15%
NET CHANGE
Cash From Operating Activities $37.75M $73.97M
Cash From Investing Activities -$13.54M -$20.39M
Cash From Financing Activities -$5.756M -$44.81M
Net Change In Cash $18.45M $8.767M
YoY Change 110.48% -24.71%
FREE CASH FLOW
Cash From Operating Activities $37.75M $73.97M
Capital Expenditures $13.54M $20.39M
Free Cash Flow $24.21M $53.58M
YoY Change -54.82% 69.36%

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CY2017Q1 us-gaap Preferred Stock Shares Issued
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CY2017Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
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0 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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22000 USD
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1988000 USD
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CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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42205767 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42348148 shares

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